Department of Attorney General  
Financial Crimes Division  
Administrative Rules for Uniform Securities Act (2002)  
Rule Set 2024-33 AG  
NOTICE OF PUBLIC HEARING  
Thursday, August 22, 2024  
09:00 AM  
1st Floor Auditorium  
G. Mennen Williams Building, 525 W. Ottawa, Lansing, MI 48933  
The Department of Attorney General will hold a public hearing to receive public comments on proposed changes  
to the Uniform Securities Act (2002) rule set.  
The rules are designed to provide a standardized method for law enforcement, adult protective services, broker-  
dealers, and investment advisers to provide notice of reports of suspected or detected covered financial  
exploitation made by broker-dealers and investment advisers to the county prosecutor. The rules provide forms  
with a description of required content that shall be included in notifications to the county prosecutor and provide  
guidelines for broker-dealers and investment advisers to determine in which county to contact the county  
prosecutor and how to obtain contact information for each prosecutor’s office. They also seek to avoid  
confusion when multiple law enforcement agencies receive copies of a single notification from a broker-dealer or  
investment adviser by requiring each law enforcement agency that receives a copy to make a report to the  
county prosecutor’s office. The rules are designed to create the least burdensome alternative for those required  
to comply, as the required notification forms are each only a single page which permits reports already required  
to be generated in the ordinary course of business by the agencies making the notifications as attachments.  
By the authority conferred on the Department Attorney General under § 535(5) and § 535(6) of the Uniform  
Securities Act (2002), MCL 451.2535(5); MCL 451.2535(6). Both § 535(5) and § 536(6) require that the  
manner of notification to the county prosecutor’s office be made in a manner prescribed by the attorney general.  
MCL 451.2535(5); MCL 451.2535(6).  
The proposed rules will take effect immediately after filing with the Secretary of State. The proposed rules are  
published on the State of Michigan's website at http://www.michigan.gov/ARD and in the 8/15/2024 issue of the  
Michigan Register. Copies of these proposed rules may also be obtained by mail or email at the following email  
address: [email protected].  
Comments on these proposed rules may be made at the hearing, by mail, or by email at the following addresses  
until 8/22/2024 at 05:00 PM:  
Kristen Stinedurf, First Assistant Attorney General, Financial Crimes Division  
P.O. Box 30755, Lansing, MI 48909  
AG-Securities@michigan.gov  
The public hearing will be conducted in compliance with the 1990 Americans with Disabilities Act. If the hearing  
is held at a physical location, the building will be accessible with handicap parking available. Anyone needing  
assistance to take part in the hearing due to disability may call 517-335-7631 to make arrangements.  
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